Cloudflare, Inc. (NET)
NYSE: NET · Real-Time Price · USD
212.09
+1.96 (0.93%)
May 21, 2026, 12:16 PM EDT - Market open
Cloudflare Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
| 639.76 | 614.51 | 562.03 | 512.32 | 479.09 | 459.95 | 430.08 | 401 | 378.6 | 362.47 | 335.6 | 308.49 | 290.18 | 274.7 | 253.86 | 234.52 | 212.17 | 193.6 | 172.35 | 152.43 | |
Revenue Growth (YoY) | 33.54% | 33.60% | 30.68% | 27.76% | 26.54% | 26.89% | 28.15% | 29.98% | 30.47% | 31.95% | 32.20% | 31.54% | 36.77% | 41.89% | 47.29% | 53.85% | 53.68% | 53.74% | 50.97% | 52.85% |
Cost of Revenue | 184.16 | 161.96 | 146.32 | 128.68 | 115.58 | 108.69 | 95.97 | 89.01 | 85.04 | 83.28 | 78.07 | 75.22 | 70.43 | 67.79 | 61.97 | 55.8 | 47.05 | 42.5 | 37.53 | 35.03 |
Gross Profit | 455.6 | 452.55 | 415.71 | 383.64 | 363.51 | 351.26 | 334.12 | 311.99 | 293.56 | 279.19 | 257.53 | 233.27 | 219.74 | 206.91 | 191.89 | 178.71 | 165.12 | 151.1 | 134.82 | 117.4 |
Selling, General & Admin | 366.62 | 359.9 | 332.22 | 316.35 | 301.67 | 265.77 | 254 | 244.14 | 260.41 | 225.62 | 206.15 | 199.84 | 185.48 | 177.9 | 161.41 | 168.14 | 138.09 | 130.6 | 114.55 | 104.92 |
Research & Development | 150.97 | 141.89 | 120.96 | 134.56 | 115.09 | 120.21 | 110.91 | 102.55 | 87.7 | 96.4 | 90.59 | 89.61 | 81.54 | 79.7 | 76.43 | 75.11 | 67.05 | 61.76 | 46.77 | 41.35 |
Total Operating Expenses | 517.59 | 501.79 | 453.17 | 450.9 | 416.76 | 385.98 | 364.91 | 346.68 | 348.11 | 322.02 | 296.75 | 289.45 | 267.02 | 257.6 | 237.84 | 243.25 | 205.14 | 192.36 | 161.32 | 146.27 |
Operating Income | -61.99 | -49.23 | -37.46 | -67.26 | -53.25 | -34.72 | -30.79 | -34.7 | -54.55 | -42.83 | -39.21 | -56.17 | -47.27 | -50.69 | -45.95 | -64.54 | -40.02 | -41.06 | -26.49 | -28.87 |
Interest Income | 40.17 | 41.89 | 42.53 | 25.41 | 21.4 | 21.99 | 22.47 | 21.72 | 21.25 | 20.19 | 17.95 | 16.54 | 13.49 | 8.32 | 3.85 | 1.64 | 1.06 | 0.67 | 0.39 | 0.37 |
Interest Expense | -2.56 | -2.89 | -2.91 | -1.52 | -1.44 | -1.45 | -1.43 | -1.22 | -1.1 | -1.07 | -1.14 | -1.54 | -2.13 | -0.88 | -1.51 | -1.04 | -1.56 | -16.11 | -12.45 | -10.44 |
Other Non-Operating Income (Expense) | 2.99 | -0.27 | -0.31 | -3.91 | -3.47 | 3.33 | -3.07 | 0.27 | 1.12 | -2.1 | 0.12 | -51.83 | -0.86 | -1.6 | 2.43 | 0.23 | -0.49 | -0.43 | -71.87 | -0.88 |
Total Non-Operating Income (Expense) | 40.59 | 38.73 | 39.31 | 19.98 | 16.49 | 23.88 | 17.97 | 20.77 | 21.28 | 17.02 | 16.93 | -36.83 | 10.5 | 5.85 | 4.77 | 0.83 | -0.98 | -15.87 | -83.94 | -10.95 |
Pretax Income | -21.4 | -10.51 | 1.85 | -47.29 | -36.76 | -10.84 | -12.82 | -13.93 | -33.27 | -25.81 | -22.28 | -93 | -36.77 | -44.85 | -41.17 | -63.71 | -41.01 | -56.93 | -110.43 | -39.82 |
Provision for Income Taxes | 1.53 | 1.57 | 3.14 | 3.16 | 1.7 | 2.01 | 2.51 | 1.15 | 2.27 | 2.05 | 1.25 | 1.47 | 1.31 | 1.07 | 1.37 | -0.17 | 0.37 | 20.57 | -3.1 | -4.31 |
Net Income | -22.93 | -12.08 | -1.29 | -50.45 | -38.45 | -12.85 | -15.33 | -15.08 | -35.54 | -27.87 | -23.54 | -94.47 | -38.08 | -45.92 | -42.55 | -63.54 | -41.38 | -77.5 | -107.34 | -35.51 |
Net Income to Common | -22.93 | -12.08 | -1.29 | -50.45 | -38.45 | -12.85 | -15.33 | -15.08 | -35.54 | -27.87 | -23.54 | -94.47 | -38.08 | -45.92 | -42.55 | -63.54 | -41.38 | -77.5 | -107.34 | -35.51 |
Shares Outstanding (Basic) | 353 | 351 | 349 | 347 | 346 | 344 | 342 | 341 | 339 | 337 | 335 | 332 | 330 | 328 | 327 | 325 | 323 | 320 | 315 | 308 |
Shares Outstanding (Diluted) | 353 | 351 | 349 | 347 | 346 | 344 | 342 | 341 | 339 | 337 | 335 | 332 | 330 | 341 | 327 | 325 | 323 | 320 | 315 | 308 |
Shares Change (YoY) | 2.00% | 2.06% | 2.03% | 2.01% | 2.11% | 2.21% | 2.30% | 2.51% | 2.48% | -1.33% | 2.47% | 2.18% | 2.18% | 6.49% | 3.83% | 5.49% | 5.68% | 5.44% | 4.26% | 2.99% |
EPS (Basic) | -0.07 | -0.03 | - | -0.15 | -0.11 | -0.04 | -0.04 | -0.04 | -0.10 | -0.08 | -0.07 | -0.28 | -0.12 | -0.14 | -0.13 | -0.20 | -0.13 | -0.24 | -0.34 | -0.12 |
EPS (Diluted) | -0.07 | -0.03 | - | -0.15 | -0.11 | -0.04 | -0.04 | -0.04 | -0.10 | -0.08 | -0.07 | -0.28 | -0.12 | -0.14 | -0.13 | -0.20 | -0.13 | -0.24 | -0.34 | -0.12 |
Shares Outstanding | 353.37 | 351.89 | 350.2 | 348.42 | 346.53 | 344.86 | 343.05 | 341.54 | 339.73 | 337.53 | 335.67 | 333.64 | 331.77 | 330.09 | 328.34 | 327.4 | 325.54 | 323.61 | 321.61 | 312.37 |
Free Cash Flow | 93.1 | 105.22 | 82.49 | 39.89 | 59.9 | 54.16 | 56.52 | 43.19 | 41.52 | 56.63 | 38.81 | 25.7 | 18.87 | 37.98 | 0.79 | 1.17 | -59.95 | 12.28 | -35.73 | -6.12 |
Free Cash Flow Growth | 55.44% | 94.30% | 45.94% | -7.64% | 44.25% | -4.36% | 45.65% | 68.03% | 120.01% | 49.10% | 4800.13% | 2102.49% | - | 209.19% | - | - | - | - | - | - |
Free Cash Flow Per Share | 0.26 | 0.30 | 0.24 | 0.11 | 0.17 | 0.16 | 0.17 | 0.13 | 0.12 | 0.17 | 0.12 | 0.08 | 0.06 | 0.11 | 0.00 | 0.00 | -0.19 | 0.04 | -0.11 | -0.02 |
Gross Margin | 71.21% | 73.64% | 73.97% | 74.88% | 75.88% | 76.37% | 77.69% | 77.80% | 77.54% | 77.02% | 76.74% | 75.62% | 75.73% | 75.32% | 75.59% | 76.20% | 77.82% | 78.05% | 78.23% | 77.02% |
Operating Margin | -9.69% | -8.01% | -6.67% | -13.13% | -11.11% | -7.55% | -7.16% | -8.65% | -14.41% | -11.82% | -11.68% | -18.21% | -16.29% | -18.45% | -18.10% | -27.52% | -18.86% | -21.21% | -15.37% | -18.94% |
Profit Margin | -3.58% | -1.97% | -0.23% | -9.85% | -8.03% | -2.79% | -3.56% | -3.76% | -9.39% | -7.69% | -7.01% | -30.62% | -13.12% | -16.72% | -16.76% | -27.09% | -19.50% | -40.03% | -62.28% | -23.30% |
FCF Margin | 14.55% | 17.12% | 14.68% | 7.79% | 12.50% | 11.77% | 13.14% | 10.77% | 10.97% | 15.62% | 11.56% | 8.33% | 6.50% | 13.83% | 0.31% | 0.50% | -28.26% | 6.34% | -20.73% | -4.01% |
EBITDA | 29.23 | 33.72 | 40.85 | 3.58 | 13.08 | 23.63 | 21.63 | 14.83 | -5.34 | 9.45 | 13.56 | -6.29 | -0.49 | -6.8 | -5.63 | -27.48 | -9.18 | 1.52 | 10.64 | 3.2 |
EBITDA Margin | 4.57% | 5.49% | 7.27% | 0.70% | 2.73% | 5.14% | 5.03% | 3.70% | -1.41% | 2.61% | 4.04% | -2.04% | -0.17% | -2.48% | -2.22% | -11.72% | -4.33% | 0.79% | 6.18% | 2.10% |
EBIT | -61.99 | -49.23 | -37.46 | -67.26 | -53.25 | -34.72 | -30.79 | -34.7 | -54.55 | -42.83 | -39.21 | -56.17 | -47.27 | -50.69 | -45.95 | -64.54 | -40.02 | -41.06 | -26.49 | -28.87 |
EBIT Margin | -9.69% | -8.01% | -6.67% | -13.13% | -11.11% | -7.55% | -7.16% | -8.65% | -14.41% | -11.82% | -11.68% | -18.21% | -16.29% | -18.45% | -18.10% | -27.52% | -18.86% | -21.21% | -15.37% | -18.94% |
Effective Tax Rate | -7.13% | -14.93% | 169.73% | -6.68% | -4.61% | -18.49% | -19.57% | -8.23% | -6.82% | -7.96% | -5.63% | -1.58% | -3.57% | -2.39% | -3.33% | 0.27% | -0.91% | -36.13% | 2.80% | 10.82% |
Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.